Elon Musk continued the Twitter discussion with DOGE developers on how to improve Dogecoin, this time giving them specific instructions.
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Tesla CEO Elon Musk, known as the most influential Dogecoin fan, published a Twitter post on July 9, saying that after the big upgrade, DOGE will be superior to Bitcoin (BTC) and Ethereum (ETH) because the meme token is this high-end. He suggested that it would offer much faster and cheaper transactions than blockchains.
This upcoming upgrade of DOGE is expected to increase the speed of the cryptocurrency’s base layer transactions while lowering fees at the same time. Pranay Pathhole, an IT engineer, wrote in response to his tweet that Dogecoin is already 15 times faster than Bitcoin. But he pointed out that it would be difficult to make the block rate ten times faster.
Elon responded by suggesting how DOGE developers should accomplish this task:
In response to Musk’s tweet on Friday promising to make DOGE faster and cheaper than BTC and ETH, two Bitcoin community influencers, Gabor Gurbacs and Samson Mow, tweeted that one nuance seems to have been forgotten by Musk: Litecoin and Dogecoin. removal together. Litecoin’s transactions are also slow, with LTC and DOGE being mined together. This was done to prevent 51 percent of attacks against DOGE in 2014.
Now, if the meme token’s transaction speed is to be greatly increased, the developers will have to hard fork DOGE first or propose another solution.